North America Almond Oil Market Size & Outlook, 2023-2030
The almond oil market in North America is expected to reach a projected revenue of US$ 732.6 million by 2030. A compound annual growth rate of 12.4% is expected of North America almond oil market from 2024 to 2030.
Revenue, 2023 (US$M)
$322.7
Forecast, 2030 (US$M)
$732.6
CAGR, 2024 - 2030
12.4%
Report Coverage
North America
North America almond oil market, 2018-2030 (US$M)
North America almond oil market highlights
- The North America almond oil market generated a revenue of USD 209.4 million in 2018.
- The market is expected to grow at a CAGR of 12% from 2019 to 2025.
- In terms of segment, sweet oil was the largest revenue generating product in 2018.
- Sweet Oil is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, U.S. is expected to register the highest CAGR from 2019 to 2025.
North America data book summary
| Market revenue in 2018 | USD 209.4 million |
| Market revenue in 2025 | USD 461.9 million |
| Growth rate | 12% (CAGR from 2018 to 2025) |
| Largest segment | Sweet oil |
| Fastest growing segment | Sweet Oil |
| Historical data covered | 2015 - 2017 |
| Base year for estimation | 2018 |
| Forecast period covered | 2019 - 2025 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sweet Oil, Bitter Oil |
| Key market players worldwide | Blue Diamond Growers, Global Ingredients |
Other key industry trends
- In terms of revenue, North America region accounted for 28.7% of the global almond oil market in 2018.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2025.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 352.6 million by 2025.
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Almond Oil Market Scope
Almond oil market segmentation & scope
Application
Personal Care and Cosmetics
Pharmaceuticals
Food Industry
Almond Oil Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America almond oil market
Related regional statistics
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